Did you incur investment losses with Tyler Boone Powell? The Securities Law Firm of Menzer & Hill, P.A. is investigating claims involving Tyler Boone Powell of Stifel, Niclaus & Co, Inc. related to his alleged unsuitable investment activities without client authorization or authorization from Wells Fargo Advisors’.
Powell also has been fined $5,000 and has been suspended by FINRA. Fortunately, for those investors that incurred losses investing with Powell may be able to recover those losses through the FINRA arbitration process.
Under FINRA rules and regulations, Broker-Dealers are responsible for supervising the actions of those advisors registered with their firm, and therefore may be held liable for the actions of their Broker(s).